PROMOTION OF TRADE IN SOUTH ASIA
The government is
promoting trade and commerce with all countries, including those
in South Asia. Promotion of trade and commerce is a continuous
process. India has been exchanging tariff concessions with South
Asian Association for Regional Cooperation (SAARC) member countries
under SAARC Preferential Trading Arrangement (SAPTA) to increase
trade. India has already entered into a bilateral free trade agreement
with Sri Lanka. India has also proposed a free trade agreement
to Bangladesh.
Trade is promoted
in all the commodities and services of mutual interest.
This was stated by
Shri Rajiv Pratap Rudy, Minister of State for Commerce & Industry,
in a written reply in the Lok Sabha today.
